UK data - June total sales -0.2% y/y *prior +0.7%)

British Retail Consortium (BRC) data:

Like for like sales -0.5% y/y in June (Like-for-like sales data strips out the impact of changes in store size.)

• prior +0.4% in May

total sales -0.2% y/y in June

• prior +0.7%

Data also from Barclays:

• spending on its credit and debit cards fell by 0.6% y/y June
• first drop since February 2021, cold weather cited